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Sabrina Karns

Advisor at The Advocate Group, LLC

Updated today

Location

Minnetonka, MN 55305

Credentials

CFP®, Series 66

Industry experience

13 years

About

Sabrina Karns is a CFP® professional with 13 years of industry experience, currently serving as an advisor at The Advocate Group, LLC since 2021. She previously worked at Commonwealth Financial Network and FPS Financial, Inc. from 2015 to 2021. Karns is also licensed as an insurance agent and dedicates part of her time to the sale of various insurance products. The Advocate Group serves individual clients, high net worth individuals, retirement plans, trusts, and business entities, providing financial planning and investment management. The firm’s approach prioritizes comprehensive financial plans to guide asset allocation and focuses on liquidity planning and customized portfolio management, including the handling of concentrated employer stock positions.

Client services

Based on The Advocate Group, LLC

Financial planning Portfolio management

Expertise

Based on The Advocate Group, LLC

Concentrated stock management Wealth management Retirement income strategy General estate planning guidance

Occupation focus

Based on The Advocate Group, LLC

Executive

Fee options

Fixed

Financial planning fees typically range from $2,500 to $20,000 initially, and $1,500 to $15,000 for ongoing annual financial planning.

Percentage

$0 - $2,000,000: 0.95% $2,000,001+: 0.75% to 0.35% (tiered down to 0.35%)

Commissions

Commissions earned on insurance products sold by associated persons acting as independent insurance agents.

Location

601 Carlson Parkway, Suite 1100

Minnetonka, MN 55305

Most active in

Minnesota

Work history

The Advocate Group, LLC

2021 - Present (5 years)

Commonwealth Financial Network

2015 - 2021 (6 years)

FPS Financial, Inc.

2015 - 2021 (6 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Arch S

Series 63, Series 65

Plymouth, MN

Spencer Financial Advisors

Arch Spencer is the sole advisor at Spencer Financial Advisors in Plymouth, MN, holding Series 63 and Series 65 licenses with seven years of industry experience. He has been with Spencer Financial Advisors since 1999. Spencer Financial Advisors offers portfolio management and investment advice primarily to individual and high-net-worth clients. The firm employs fundamental analysis and a combination of long-term and short-term trading strategies, focusing on equities, mutual funds, fixed income, ETFs—including precious-metal sector ETFs—and may incorporate options and margin transactions within client portfolios.

Active portfolio management Options & derivatives strategies Concentrated stock management Real estate investing
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Ralph H

Series 63

Minnetrista, MN

Harrison Capital Management LLC

Ralph Harrison is the sole advisor at Harrison Capital Management LLC, an independent registered investment adviser based in Minnetrista, MN. He holds a Series 63 designation and has 42 years of industry experience, including nine years at Wunderlich Securities. Outside of his advisory work, he serves as a compensated member of the Mound Westonka School Board. Harrison Capital Management provides discretionary portfolio management and financial planning services to individuals, including high-net-worth clients, as well as pension and profit-sharing plans, trusts, estates, and charitable organizations. The firm customizes portfolios using individual stocks, bonds, ETFs, and no-load funds, managing accounts directly with a focus on retirement advice and maintaining a concentrated client base of approximately $30 million in assets under management.

General retirement planning
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Jon B

CFA®

Minnetonka, MN

Longship Advisers, LLC

Jon Brusven is a CFA® charterholder and the sole advisor at Longship Advisers, LLC, with 12 years of industry experience. He has led Longship Advisers since 2002. In addition to his advisory role, Brusven serves on the boards of several non-investment-related organizations, including a waste-to-energy company and early-stage medical device firms, and acts as financial advisor to the board of USA Energy Group LLC. Longship Advisers, LLC provides third-party investment manager selection and retirement plan consulting to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations. The firm operates primarily in a non-discretionary, consultative capacity, focusing on manager selection and monitoring rather than direct portfolio management, and does not take custody or voting proxies for clients.

Private / alternative investments
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Aimee H

CFP®, Series 63

Edina, MN

The Hatlestad Group

Aimee Hatlestad is a CFP® with 12 years of industry experience and is the principal advisor at The Hatlestad Group. She previously worked at Bond & Devick Wealth Partners and Bgm Trunorth Wealth Partners, Llc. She serves as Treasurer for the Ripley Memorial Foundation, a nonprofit organization. The Hatlestad Group provides investment management, financial planning, and consulting services to individuals, including high-net-worth clients, as well as institutional and fiduciary entities. The firm employs a variety of analytical methods to tailor portfolios to client objectives and risk tolerance, offering both discretionary and non-discretionary services.

Debt management Cash flow / budgeting Equity compensation tax strategy
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Donovan C

Series 65

St. Louis Park, MN

Carson Capital

Donovan Carson is the sole advisor at Carson Capital, an independent registered investment adviser based in St. Louis Park, MN. He holds a Series 65 credential and has four years of industry experience. In addition to his advisory role, he serves as a Senior Product Owner at UnitedHealthGroup and owns a property management business. Carson Capital provides discretionary investment management, financial planning, and retirement plan advisory services to individuals, high-net-worth households, trusts, nonprofits, and businesses. The firm employs a planning-based, risk-tranche approach to portfolio construction, combining fundamental research with technical and quantitative methods, and offers complementary services such as held-away account oversight and educational seminars.

Real estate investing Retirement income strategy Wealth management Founder/Business Owner Executive Self-Employed

Trevor A

CFP®, RICP®

Minneapolis, MN

Authentic Life Financial Planning

I’m a financial planner who helps business professionals in their 30s, 40s, and 50s—especially those with equity compensation—take control of their finances and design a life that feels truly authentic. Life isn’t just about numbers or following a traditional path. It’s about figuring out what you really want and building a plan to get there. That’s why I started Authentic Life Financial Planning—to help people align their finances with their goals, whether that means retiring early, launching a new career, or simply feeling more confident about their future. I offer personalized, one-time financial plans and ongoing planning services, helping clients navigate the complexities of equity compensation, tax strategies, cash flow, and more—all with the goal of creating a life they love. When I’m not working with clients, you’ll probably find me sailing, checking out live music, or planning my next travel adventure with my wife Annie. If you’re ready to explore what’s possible with your finances, I’d love to chat!

Equity Recipients (RS/RSU, SOP, ESPP) Technology Professional Gen Y/Millennials (Born 1980-1995)
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